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Absa and SAP have joined forces on a Pan African Finance Transformation | The Guardian Nigeria Information

NAIROBI, Kenya, August 10, 2021 -/African Media Company(AMA)/- Absa Group has joined forces with SAP for a core finance transformation. A multi nation digitisation journey has began with the Absa Teams’ Kenyan subsidiary S/4 HANA implementation being the primary nation to go dwell with SAP S/4 HANA

The Kenyan implementation of S/4 HANA was launched on Amazon Internet Service Hyperscaler, an African first for SAP and a Tier 1 financial institution within the African banking trade.

“Utilizing better of breed expertise and cloud, we’re remodeling our Finance enterprise with extremely built-in techniques, automation and consolidation of our monetary knowledge and reporting’’ says Ebrahim Samodien, CIO Features Know-how.

SAP had been chosen to help in simplifying the group’s inside finance and reporting processes. The implementation of SAP S/4 HANA is a step in the direction of Absa’s imaginative and prescient to consolidate and report off a single occasion Normal Ledger.

SAP S/4 HANA will assist Absa to intelligently automate guide processes, simplify their knowledge fashions, information resolution making course of by way of embedded analytics and machine studying. 

It can additionally enhance the financial institution’s IT TCO by enabling legacy system decommissioning and shifting compute assets into the cloud.

The SAP companies groups in collaboration with Absa’s IT crew commenced the S/4 HANA challenge as a part of Programme Owari in Might 2020. The programme was carried out utilizing a mixture of on-site and distant supply consisting of SAP colleagues from EMEA South and, SDC India and Europe. 

“We’re delighted to have joined forces with Absa on their finance transformation. Absa are innovating and leveraging additional insights into their core operational processes. This challenge additionally highlights the short time to worth realisation our prospects are attaining by way of S/4HANA implementations and the related good thing about the embedded expertise capabilities. This journey between Absa and SAP is a superb instance of the facility of collaboration in digital transformations” concludes Cathy Smith, MD SAP Africa.

Distributed by African Media Company (AMA) on behalf of SAP Africa.

Go to the SAP Information Heart. Comply with SAP on Twitter at @SAPNews.

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